Flash News

TREE NEWS reports: Bitcoin gained 0.33% on Coinbase and Deribit’s bitcoin implied volatility index ended the afternoon where it started, even as December rate-hike odds rose after Kevin Warsh’s Fed held rates at 3.75% to 4%. The muted volatility reaction suggests traders are not yet repositioning for a tighter policy path.

TREE NEWS reports: The US 10-year Treasury yield rose 2.08 basis points to 5.0175% at the New York close on Wednesday, October 28, trading between 4.9885% and 5.0466% during the session and hitting a session high after the Fed’s rate decision and Chair Warsh’s press conference. The 2-year yield fell 3.95 basis points to 4.6975%, swinging in a V-shape around the decision before diving to a session low after the press conference.

TREE NEWS reports: Spot gold rose 0.17% to $4,066.85 an ounce in late New York trade on Wednesday, Oct. 28, after trading between $4,025.21 and $4,082.58 during the session. The metal hit its session high at the U.S. stock market close, following the Federal Reserve’s decision to keep rates unchanged and Chair Warsh’s press conference. Spot silver fell 0.81% to $53.857 an ounce, while COMEX copper futures gained 0.45% to $6.6825 a pound.

TREE NEWS update: The Fed left rates unchanged on Wednesday, Oct. 28, with Chair Warsh holding a press conference; the US rate-cut winners index rose 0.08% to 90.20 points. US stocks staged a W-shaped reversal by the close.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said the central bank’s new economic model allows inflation to decline on a component-by-component basis. Macklem described core CPI expectations as “a kind of shortcut.” The remarks addressed how the model treats inflation’s various parts.

TREE NEWS reports: The ICE US Dollar Index fell 0.19% to 102.124 in late New York trading on Wednesday, October 28, after trading between 102.491 and 102.046 during the session. The index rebounded toward its daily high as the Federal Reserve announced it was holding rates steady, then dropped sharply during Fed Chair Warsh’s opening remarks at his press conference, hitting a session low at 02:50. The Bloomberg Dollar Index fell 0.10% to 1224.08.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said he will examine his personal career future, without giving a timeline or further details. The remark leaves open the question of whether he will seek another term at the head of the central bank. Macklem did not say when a decision would be made.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said inflation expectations are being shaped by the pass-through of fuel costs, indicating the central bank is watching how energy prices feed into broader pricing behavior. The remark points to fuel-cost transmission as a factor in the inflation outlook.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said U.S. fiscal policy is not sustainable, calling deficit-financed spending a “matter of political will.” The remarks flag concerns about the trajectory of U.S. government borrowing, though Macklem did not specify any policy recommendation or timeline.

TREE NEWS update: US President Donald Trump said he did not instruct Vice President JD Vance to reach out to Iran to try to restart negotiations. Asked whether he had directed Vance to make contact, Trump replied “No,” adding that Vance had asked his opinion on the matter and he had told him it was fine if he wanted to do it. Trump also said Iran needs help with medical supplies and other goods.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 1.25% to 2,950.55 points on Wednesday, October 28, holding in a narrow high range through the Asia-Pacific morning session since 09:30 Beijing time. Among components, Ola Electric Mobility Ltd. gained 5.34%, Porsche P911 added 4.15%, Ballard Power Systems rose 3.65%, Hesai ADR climbed 3.6% and WeRide ADR advanced 3.43%.

TREE NEWS reports: FTSE China A50 index futures closed down 0.06% at 12,984 points in continuous overnight trading. The modest decline marks a subdued overnight session for the benchmark tracking China’s largest A-share companies.

TREE NEWS reports: At the New York close on Wednesday, October 28, S&P 500 futures finished up 0.04% and Dow futures gained 0.42%, while Nasdaq 100 futures slipped 0.19%. Russell 2000 futures rose 0.73%, outpacing the major indices.

TREE NEWS reports: Alphabet’s future commitments, leases and purchase obligations have surpassed $1 trillion, the Google parent company disclosed. The figure covers contractual obligations the company has committed to in the future, spanning lease agreements and procurement. No breakdown of the total was provided.

TREE NEWS update: Alphabet said on its earnings call that it expects full-year capital expenditure of $195 billion to $205 billion, versus analysts’ estimate of $202.21 billion. The guidance came as Alphabet’s Class A shares extended their after-hours decline to 10%.

TREE NEWS reports: Google allocated $8.2 billion in other income to offset a decline in the value of its stake in SpaceX, the space exploration company owned by Elon Musk. The move was disclosed as a reallocation of other income tied to the SpaceX share price drop.

TREE NEWS update: President Donald Trump directed the U.S. Trade Representative and the Commerce Secretary to open negotiations on robots and industrial machinery to address national security concerns. An executive order instructs the USTR to pursue agreements with trading partners over threats posed by imports of robots, industrial machinery and parts from any country. Trump said he may consider other remedies, including tariffs, taxes, quotas and fees, and plans to incentivize new U.S. production investment.

TREE NEWS reports: The MSCI Emerging Markets stock index rose 1.9%, while the developing-nation currency index fell 0.2%. The divergence reflects gains in emerging-market equities alongside weakness in developing-country currencies.

TREE NEWS update: President Donald Trump signed a proclamation accepting the Commerce Department’s Section 232 finding that imports of robots, industrial machinery and parts threaten national security, but deferred new tariffs. He directed the Commerce secretary and U.S. Trade Representative to negotiate with trading partners and report progress within 180 days. If no deal is reached or implemented effectively, Trump may consider tariffs, quotas or fees, and possible incentives for domestic production.

TREE NEWS reports: Nasdaq 100 stock index futures rose 1% during after-hours trading following the US market close. The move in the futures contract came after the regular session ended, with the index futures reaching the 1% gain level in post-market trading.